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Dmytro Kazantsev Dmytro has more than 5 years of experience in journalism, writes SEO texts, as well as articles about IT business, economy, startups. He is fond of science pop, jazz and cinema.
As reported by Forbes Ukraine with reference to the statement of the Deputy Chairman of the National Bank of Ukraine, Oleksiy Shaban, the launch of the digital hryvnia requires significant financial resources, and spending them in wartime may be unethical.
It is noted that the regulator is planning a pilot project that will allow testing the digital currency not only within the NBU, but also in real conditions — for payments, transfers or state programs. However, the cost of the pilot is high and the technical requirements are complex.
“We are moving, but I cannot say that 2027 will be the year of the introduction of the e-hryvnia,” said Oleksiy Shaban, Deputy Chairman of the National Bank.
Oleksiy Shaban, Deputy Chairman of the NBU; photo from bank.gov.ua websiteWe will remind that the regulator presented the draft concept of e-hryvnia as digital money in November 2022. The key purpose of the electronic hryvnia is to effectively perform all the functions of money, supplementing the cash and non-cash forms of the hryvnia. The use of e-hryvnia should be convenient and accessible to all segments of the population, legal entities, state bodies, banks and non-bank financial institutions.
In October 2022, the SE “Ukrainian Institute of Intellectual Property” (UKRPATENT) registered the trademark “e-hryvnia” and e-hryvnia, which is owned by the NBU.
Read also: SWIFT plans to launch a platform for digital currencies of central banks
Digital currencies of central banks will become the basis of monetary systems of the future
Fintech in Ukraine 2025: problems, trends, innovations
”, — write: www.pravda.com.ua
Dmytro Kazantsev Dmytro has more than 5 years of experience in journalism, writes SEO texts, as well as articles about IT business, economy, startups. He is fond of science pop, jazz and cinema.
As reported by Forbes Ukraine with reference to the statement of the Deputy Chairman of the National Bank of Ukraine, Oleksiy Shaban, the launch of the digital hryvnia requires significant financial resources, and spending them in wartime may be unethical.
It is noted that the regulator is planning a pilot project that will allow testing the digital currency not only within the NBU, but also in real conditions — for payments, transfers or state programs. However, the cost of the pilot is high and the technical requirements are complex.
“We are moving, but I cannot say that 2027 will be the year of the introduction of the e-hryvnia,” said Oleksiy Shaban, Deputy Chairman of the National Bank.
Oleksiy Shaban, Deputy Chairman of the NBU; photo from bank.gov.ua websiteWe will remind that the regulator presented the draft concept of e-hryvnia as digital money in November 2022. The key purpose of the electronic hryvnia is to effectively perform all the functions of money, supplementing the cash and non-cash forms of the hryvnia. The use of e-hryvnia should be convenient and accessible to all segments of the population, legal entities, state bodies, banks and non-bank financial institutions.
In October 2022, the SE “Ukrainian Institute of Intellectual Property” (UKRPATENT) registered the trademark “e-hryvnia” and e-hryvnia, which is owned by the NBU.
Read also: SWIFT plans to launch a platform for digital currencies of central banks
Digital currencies of central banks will become the basis of monetary systems of the future
Fintech in Ukraine 2025: problems, trends, innovations